•Best Buy Profit Misses Analysts' Estimates (Revenue and Profit Plunge)

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Sept. 15 (Bloomberg) -- Best Buy Co., the world’s largest electronics retailer, said second-quarter profit fell 22 percent as sales of digital cameras, video games and DVDs declined.

Net income dropped to $158 million, or 37 cents a share, in the three months ended Aug. 29, from $202 million, or 48 cents, a year earlier, the Richfield, Minnesota-based company said today in a statement. Analysts projected a 42-cent profit, the average of estimates compiled by Bloomberg...


http://www.bloomberg.com/apps/news?pid=20601087&sid=ahT07LBHXLVU
 
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